Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 22160300
The BERTEAU-LOWELL PLATING WORKS INC PENSION PLAN, a single-employer defined-benefit pension plan sponsored by BERTEAU-LOWELL PLATING WORKS INC of CHICAGO, IL, was terminated on 2012-07-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2013-10-15. At the date of termination the plan had 36 participants — current and former employees with vested retirement benefits.
When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.